Total employment in Slovakia increased by 0.2% y/y in the second quarter of 2012 to 2.216mn people, following a 0.6% growth in the previous quarter, flash estimates of the statistics office showed. On a seasonally-adjusted basis, the employment in Q2 grew 0.3% from a year ago but remained flat from the previous three months. The statistics office said it will publish more detailed employment figures on September 6. IntelliNews comment : Slovakia has one of the highest jobless rate in the EU. According to the latest figures by the labour ministry, the countrys unemployment rate rose to 13.34% in June from 13.19% in May. The unfavourable situation on the labour market ranks among the countrys biggest problems, as the unemployment remains relatively high and dampens household consumption, which dents economic growth. |
German car maker BMW considers building a new plant in eastern Europe and Slovakia is one of the potential locations, Hospodarske Noviny business daily reported citing BMW's board member Ian ... more
Slovakia's unemployment rate in February 2013 fell for the first time in six months going down to 14.7% from 14.8% in January when it reached its highest level in more than 8.5 years, data from ... more
France-based CCN Group, a supplier of components for turbines and automobiles, considers building a new plant in Slovakia in the town of Belusa, Hospodarske Noviny daily reported citing unnamed ... more